kotak mahindra life insurance- Company Profile

About Kotak Mahindra Old Mutual Life Insurance Ltd

Kotak Mahindra Life Insurance Ltd is a 74:26 joint venture between Kotak Mahindra Bank Ltd., its affiliates, and Old Mutual.


About Kotak Mahindra Group

Kotak Mahindra is one of India's lending , banking and financial services organizations, offering a larger range of financial services that suits every sphere of life. From commercial banking, to stock broking, mutual funds, life insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. For more information, please visit the company's website at http://www.kotak.com


Old Mutual

Old Mutual is an international long-term savings, protection and investment group. Founded and started in South Africa during 1845, the Group provides life assurance, asset management, banking and general insurance across many countriess in Europe, the Americas, Africa and Asia. Old Mutual is listed on the London Stock Exchange and the JSE, among others. For further information on Old Mutual plc, please visit the corporate website www.oldmutual.com.


Kotak mahindra life insurance- Company Facts and Figures

   
               STARTED YEAR 2001
PAID UP CAPITAL Rs 1994.88 Crores
INDIAN PARTNER Kotak Mahindra Group ( 76%)
FOREIGN PARTNER Old Mutual (26%)
MD/CEO NAME Mr. G Murlidhar
BANCASSURANCE PARTNERS Kotak Mahindra Bank
SOLVENCY RATIO  3.02 Times
NUMBER OF BRANCHES 250+ HEAD OFFICE Mumbai
TOTAL PREMIUM COLLECTED 2011-12 2012-13 2013-14
2937.43 2777.78 2700.79
CLAIMS SETTLEMENT RATIO 2011-12 2012-13 2013-14
92.10% 92.04% 90.67%
KEY PLANS CHILD Kotak Headstart Child Assure Plan
TERM Kotak Preferred e-Term Plan
PENSION Kotak Premier Pension Plan
ULIP Kotak Single Invest Advantage
TOLL FREE NUMBER 1800 209 8800
EMAIL ID clientservicedesk@kotak.com
WEBSITE ADDRESS INDIAN PARTNER http://www.kotak.com
FOREIGN PARTNER https://www.oldmutual.com
COMPANY  WEBSITE https://www.insurance.kotak.com
 

Disclaimer:

In the above table, we had updated the details from the IRDA Annual report 2013-14, 2012-13 and 2011-12. Some details are captured from http://www.insurance.kotak.com/ The accuracy of the above table content depends on these given sources. This information published is of informative nature and does not guarantee anything about the companies performance or claim records.

The main aim of this post is to simplify the details about Kotak Mahindra Life insurance. All these information in this post can be seen in http://www.insurance.kotak.com/ and IRDA website.

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